Written by Administrator on Tuesday, 28 June 2011 03:41
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dogers-bankruptcy

Los Angeles Dodgers File For Bankruptcy



The Los Angeles Dodgers filed for bankruptcy protection in a Delaware court Monday, blaming Major League Baseball for refusing to approve a multibillion-dollar TV deal that owner Frank McCourt was counting on to keep the troubled franchise afloat. Well I hope NO GROUPIES are stalking the Dodgers becuase THIS news dropped JUST days before Team owner Frank McCourt was expected to miss a team payroll on Thursday and possibly be confronted with an MLB takeover.

Well, baseball commissioner Bud Selig is NOT HAPPY to say the very LEAST! Selig issued a statement condemning Monday's development.

"The Commissioner's Office has spent the better part of one year working with Mr. McCourt and his representatives on the financial situation of the Los Angeles Dodgers, which was caused by Mr. McCourt's excessive debt and his diversion of club assets for his own personal needs. We have consistently communicated to Mr. McCourt that any potential solution to his problems that contemplates mortgaging the future of the Dodgers franchise to the long-term detriment of the club, its loyal fans and the game of Baseball would not be acceptable. "My goal from the outset has been to ensure that the Dodgers are being operated properly now and will be guided appropriately in the future for their millions of fans. To date, the ideas and proposals that I have been asked to consider have not been consistent with the best interests of Baseball. The action taken today by Mr. McCourt does nothing but inflict further harm to this historic franchise."



This fight began two years ago when McCourt and his ex-wife and former team CEO Jamie McCourt decided to divorce!! Can you say DRAMA in Dodgerville!! Well the only thing that would upset me is NOT GETTING PAID? "I WANTS my money!!!" (Vinny Voice)



 

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